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20121101
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. >> well, i mean, you know, we had hurricane sandy which disrupted the economy for a period. we had katrina many years ago. things will disrupt the economy. i mean, 9/11 was extraordinary case. but we have a very resilient economy. we had one for hundreds of years and the fact that they can't get along for the month of january is not going to torpedo the economy. >> buffett also told me that the president and congress need to make every attempt possible to reach a compromise and he also said that does not mean that qua yoet roll over and give away the store." again, he wants to see the president take a hard line here. the big part of these negotiate azs is taxes on the wealthy. should tax rates increase or not. we ask buffet for specifics when it comes to taxes, especially taxes on investments or capital gains taxes. here's what he told us. >> we certainly, we certainly prosperred with capital gains rates more than double what they are currently. >> we'd be fine with 30% capital gains. >> sure. >> what about income tax? >> income taxes as high as 90% during my lifetime. now, very few people
Search Results 0 to 3 of about 4 (some duplicates have been removed)